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Tax year 2026

New York Property Tax Calculator (2026)

Direct Answer

The New York median effective property tax rate is 1.55% for 2026 — median real-estate taxes paid divided by median home value (U.S. Census Bureau ACS 2024). On a $400,000 home that is about $6,200 a year (~$517 a month). New York ranks #6 of 51 nationally. Enter your home value below for an instant estimate, then confirm the exact rate with your county.

What is the New York property tax rate in 2026?

New York's median effective property tax rate is 1.55%. On the state median home value of $423,800, the typical bill is about $6,582 a year.

How much is property tax on a $400,000 home in New York?

About $6,200 a year, or roughly $517 a month, at the 1.55% median effective rate.

Where does New York rank nationally?

New York ranks #6 of 51 by median effective rate (1 = highest), among the highest in the country. That is 0.61% above the 0.94% US average.

Is this my exact property tax bill?

No. Your county sets the millage and assessed value. This uses the state median; homestead, senior, and veteran exemptions can lower your bill.

New York Property Tax Calculator (2026)

Rates updated 2026 (U.S. Census Bureau ACS 2024). Live estimate — state median effective rate.

Home value$400,000
Estimated annual property tax$6,200
Estimated monthly (escrow)$517
New York median effective rate1.55%
National rank: #6 of 51 (1 = highest)US avg: 0.94%

New York's median effective property tax rate is 0.61% above the US average of 0.94%. Your county, assessed value, and exemptions will change the actual bill.

How does property tax work in New York?

New York property tax is set locally, not by the state. Your county assessor values your home, then applies a local millage (tax) rate. Cities, school districts, and special districts each add a share.

Because rates vary by county, this page uses the New York median effective rate of 1.55%. That is the median tax paid divided by the median home value, from the U.S. Census Bureau (ACS 2024). It is a benchmark, not your exact bill.

How much is property tax on a home in New York?

Home valueRate (1.55%)Annual taxMonthly
$200,0001.55%$3,100$258
$400,0001.55%$6,200$517
$423,800 (state median)1.55%$6,582$549
$750,0001.55%$11,625$969

How do you calculate New York property tax by hand?

  1. Find your home's assessed value on your county notice.
  2. Apply your county's assessment ratio if it uses one.
  3. Multiply the taxable value by the local millage (tax) rate.
  4. For a quick estimate, multiply your home value by 1.55% (the New York median effective rate).

What exemptions can lower your New York property tax?

Most counties offer a homestead exemption on your primary home. Many add relief for seniors, veterans, and people with disabilities. These lower your taxable value, so your real rate is often below the median.

Rules and amounts vary by county and change over time. Check your county assessor for the exemptions you qualify for before relying on a figure.

Why is your actual New York bill different from this estimate?

Three things move your bill away from the state median. Your county rate may be higher or lower than the median. Your assessed value can lag the market. And exemptions reduce the taxable amount.

Use this page to budget and compare. For the exact number, use your latest assessment notice and your county's current millage rate.

How does property tax vary by county in New York?

Property tax in New York is set and collected at the county level, so your rate depends on where you live. Across New York's 62 counties, the effective rate ranges from 0.56% in Kings County to 2.41% in Monroe County. The table lists every county's effective rate, median home value, and median tax paid (U.S. Census Bureau ACS 2024).

CountyEffective rateMedian home valueMedian tax
Albany County1.7%$294,600$5,200
Allegany County2.37%$101,700$2,968
Bronx County0.78%$529,500$5,447
Broome County2.21%$154,900$3,902
Cattaraugus County1.92%$113,100$2,991
Cayuga County1.82%$171,000$3,740
Chautauqua County1.99%$127,900$2,901
Chemung County2%$141,100$3,451
Chenango County2.05%$137,900$3,120
Clinton County1.79%$180,600$3,606
Columbia County1.21%$347,100$4,852
Cortland County2.2%$162,100$4,149
Delaware County1.39%$183,100$3,145
Dutchess County1.72%$400,600$7,562
Erie County1.72%$233,800$4,622
Essex County1.35%$211,900$3,119
Franklin County1.45%$145,400$2,440
Fulton County1.62%$163,100$3,364
Genesee County1.98%$170,500$4,113
Greene County1.39%$271,600$4,056
Hamilton County0.93%$260,200$2,597
Herkimer County1.66%$147,700$3,107
Jefferson County1.32%$188,200$2,899
Kings County0.56%$905,000$6,382
Lewis County1.39%$166,100$2,688
Livingston County1.94%$174,600$4,286
Madison County1.98%$184,600$4,181
Monroe County2.41%$213,700$5,616
Montgomery County2.15%$157,500$3,872
Nassau County1.72%$684,700$10,000
New York County0.71%$1,090,500$10,000
Niagara County1.73%$189,800$4,155
Oneida County1.73%$182,600$3,690
Onondaga County2.22%$200,200$4,880
Ontario County1.89%$222,900$4,565
Orange County2.02%$387,900$8,494
Orleans County2.23%$140,800$3,823
Oswego County1.95%$151,700$3,646
Otsego County1.54%$179,100$3,041
Putnam County2.12%$471,300$10,000
Queens County0.75%$723,800$6,297
Rensselaer County1.93%$258,400$5,301
Richmond County0.88%$675,500$6,247
Rockland County2.06%$596,900$10,000
Saratoga County1.27%$348,600$4,875
Schenectady County2.12%$235,700$5,568
Schoharie County1.88%$192,500$3,914
Schuyler County1.68%$171,800$3,390
Seneca County1.89%$155,400$3,403
St. Lawrence County1.93%$121,900$2,844
Steuben County2.12%$137,900$3,386
Suffolk County1.62%$578,400$10,000
Sullivan County1.81%$249,000$4,969
Tioga County2.06%$160,800$3,751
Tompkins County2.11%$290,900$6,515
Ulster County1.62%$352,500$6,238
Warren County1.28%$267,400$3,936
Washington County1.73%$196,200$3,946
Wayne County2.2%$170,000$4,250
Westchester County1.84%$663,200$10,000
Wyoming County1.89%$162,300$3,650
Yates County1.42%$184,700$3,477

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Verified by our data team

Last updated: June 21, 2026. Effective rates verified against the U.S. Census Bureau American Community Survey (ACS) 2024 — median real-estate taxes paid divided by median owner-occupied home value — and cross-checked with the Tax Foundation and Construction Coverage 2026 compilations.

What are the most frequently asked questions?

  • New York's median effective property tax rate is 1.55% (median tax paid divided by median home value, U.S. Census Bureau ACS 2024). Your county rate may differ.

  • About $4,650 a year, or roughly $388 a month, at the 1.55% median effective rate before exemptions.

  • Your county assesses your home's value and applies a local millage rate. For a fast estimate, multiply your home value by the 1.55% New York median rate.

  • Most New York counties offer a homestead exemption on a primary residence, and many add senior, veteran, and disability relief. Amounts vary by county — confirm with your assessor.

  • This uses the state median rate. Your county may tax above the median, your assessed value may differ, and exemptions change the taxable amount.

Disclaimer: this page is for educational and estimation purposes only; it is property-tax research, NOT tax or legal advice. Property tax is assessed locally by your county and municipality. Figures use each state's median effective rate (U.S. Census Bureau ACS 2024); your county, assessed value, and exemptions (homestead, senior, veteran, disability) will change the actual bill. Always confirm with your county assessor or a qualified professional.